Page 32 - Indivjal Dhasmana

Get info on interest and dividend income, investments made, on I-T portal

Dept rolls out new Annual Information Statement (AIS) to ease filing of returns; experts say it might replace existing Form 26AS

PMI manufacturing hits 8-month high but companies continue to shed jobs

Input costs hot 92-month high, prompting some firms to raise selling prices

India's economy takes 'formal' leap as informal shrinks drastically: Study

15-20% of economy informal now as against 52% in FY18; digitisation, gig economy key drivers: Study

Sept core sector growth drops to 4.4% YoY as rains affect infra activity

Core sector rose 16.6 per cent in the first half of the current financial year against a contraction of 14.5 per cent in the corresponding period of the previous year

FinMin reforms public procurement to fast-track projects, help MSMEs

Finance secretary on Friday released revised guidelines, which outline innovative rules for this

HC notice to Centre on petition challenging faceless income tax assessment

The court restrained the tax department from recovering additional demand and posted the matter to November 11

SC denies Rs 923-crore refund to Bharti Airtel, quashes HC order

The telecom operator claimed that it had paid an excess GST for July-September, 2017 and wanted to rectify its relevant returns for that period to get the refund

I-T dept to help taxpayers with more info on their transactions, income

The fresh info to be uploaded in form 26AS includes remittances received from overseas, interest on income tax refund, dividend from mutual funds, purchase of MFs, among others

Purchasing intention gets a boost as economy shows signs of recovery

Intentions to buy consumer products through Nykaa and Croma picked up pace

Inflation cools down in September, but the pressure is building up

Crop damage and import constraints could cause food prices to spike; the global energy scenario is already taking a toll on domestic fuel prices

Some capital will flow out of India if US Fed does any tapering, warns IMF

Says forex reserve are adequate and inflation is down, but must be watched due to supply bottlenecks; cuts potential medium term growth by 25bps to 6% due to Covid impact

Timeline for mandatory use of Indian flag on SCI vessels may be shortened

Tax implication of bearing the flag has been a sticking point for suitors

India's economy gradually recovering, but beware of inflation: IMF

Says gradual cut in monetary support will foster orderly market transition

Sound fiscal consolidation can boost India's rating outlook: Gita Gopinath

In a Q&A, the chief economist at IMF says that high frequency indicators for the third quarter of Calendar 2021 indicate momentum in India's economic recovery

Will India gain by withdrawing equalisation levy in exchange for OECD deal?

There is little consensus among experts on whether or not the deal will bring in more revenues to India than the equalisation levy

Trade deficit at all-time high of $23 bn in Sept on festive season imports

Export growth halves to 23%, imports soar by 85%; repercussions likely on current account balance which is set to hit a deficit in Q2 against surplus in first quarter of current fiscal

WPI-based inflation falls in Sep, but stays in double digits at 10.66%

Hardening global commodity prices spill over to domestic market

Govt debt likely to breach 90% of GDP this year, says IMF report

The Centre's debt was at 58.8 per cent of GDP in FY21. It fell slightly to 57.6 per cent in the first quarter of FY22

IMF keeps its India economic growth projection for FY22 unchanged at 9.5%

Says India will be the fastest-growing major economy in the world again

Retail price inflation falls to 5-month low of 4.35% in Sept on food prices

Noticeable slide was orchestrated by a fall in prices of vegetables